Business

At a well-attended press conference in Beijing on August 23rd, “Designed Around You” was announced as the new global brand strategy, an important component of Volvo Car Corporation’s global revitalization plan. The strategy ... Continue reading

Preparing the launch that will take place during a press conference today and introducing the new brand BMW has illuminated the HQ with lighting effects and film projections during the night from Saturday to Sunday. The reason for a new sub-brand ... Continue reading

Chevrolet, GM’s largest global brand, has announced it will enter the South Korean market. Additionally, GM Daewoo announced that it will be changing its company name to GM Korea Co. by the end of the first quarter 2011. “We are ... Continue reading

During its meeting yesterday, the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, laid the foundations for continuous and successful growth of the company. The Supervisory Board instructed the Board of Management to drive forward ... Continue reading

The BMW Group and PSA Peugeot Citroën intend to expand their successful cooperation by including hybrid components for front-wheel-drive vehicles. A memorandum of understanding to this effect has been signed by Norbert Reithofer, Chairman of ... Continue reading

In a program to celebrate the opening of the new 1.2 million square feet BMW manufacturing facility in Spartanburg, South Carolina, BMW Group Chairman Dr.-Ing. Norbert Reithofer announced the plant expansion completes the company’s one ... Continue reading

Renault announced today the successful completion of the institutional private placement of 302,915,940 Series B shares of Volvo AB representing its entire stake in the Series B shares, 14.9% of the share capital and 3.8% of the voting rights ... Continue reading

Opel/Vauxhall will build its latest model, an all-new small car below the Corsa, at its Eisenach plant in the east German state of Thuringia. “This is a further milestone in the growth strategy for our business,” said Opel/Vauxhall CEO Nick ... Continue reading

Renault and Opel/Vauxhall announced that they will continue their cooperation in the Light Commercial Vehicles segment, including their collaboration on the next generation of the highly successful Opel Vivaro and Renault Trafic models. The ... Continue reading

Nissan Commercial Vehicles today announced a strategic partnership with Adrian Steel, a leading manufacturer of commercial vehicle equipment, to become an official upfitter for the all-new 2012 Nissan NV commercial van. The catalog of accessories ... Continue reading